FIIs/FPIs net bought Rs 3483 crore worth of Indian equities on February 23, 2026, while DIIs sold Rs 1292 crore. This marks the strongest foreign inflow since early February, even as domestic funds booked profits. The contrasting moves underscore shifting market dynamics amid global and local cues.
Indian equities witnessed a notable divergence in institutional flows on February 23, 2026. According to provisional exchange data, foreign investors turned aggressive buyers, while domestic institutions opted to reduce exposure.
Foreign institutional investors (FIIs/FPIs) made a strong comeback on February 23, 2026, with net purchases worth Rs 3483 crore in Indian equities, marking their highest buying in weeks. In contrast, domestic institutional investors (DIIs) pulled out Rs 1292 crore, highlighting diverging sentiment between global and local players.
Key Highlights
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FIIs/FPIs net purchased Rs 3483 crore worth of shares, their highest daily inflow since February 3.
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DIIs recorded net sales of Rs 1292 crore, after buying Rs 12,361 crore worth of shares and selling Rs 13,653 crore during the session.
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For the year to date, FIIs remain net sellers with an overall outflow of Rs 39,172 crore, while DIIs have absorbed much of the selling pressure with net purchases of Rs 82,034 crore.
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The surge in foreign inflows comes amid improving global risk appetite and selective buying in large-cap stocks.
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Domestic investors, however, appear to be booking profits after recent gains, reflecting caution ahead of key macroeconomic data releases.
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Market experts note that such contrasting flows often create short-term volatility but also highlight the resilience of Indian equities, supported by strong domestic participation.
Outlook
Analysts expect the tug-of-war between FIIs and DIIs to continue in the near term, with global cues driving foreign sentiment and local institutions balancing the flows. The broader market trend will likely hinge on upcoming corporate earnings and global economic signals.
Sources: Moneycontrol, NSE India, SGX Nifty data